Posts Tagged ‘Water Companies’

The case for public ownership

by Michael Meacher.

The public’s demand for re-nationalisation is steadily growing, partly because the record of privatised companies has been so poor, partly because the excuse of globalisation is now seen not to betoken greater efficiency but rather funnelling increasing assets to the very rich and undermining job security for workers, and partly the big new outsourcing companies […]

Water companies are as bad as Starbucks, Google & Amazon

by Michael Meacher.

The banks forced a £800bn bailout on the taxpayer after the derivatives crash, as well as manipulating Libor to enhance their profits or hide their weakness, and now are enmeshed in £10-15bn repayment to clients for their PPI mis-selling scandal. The Big 6 energy companies are likely (though of course they deny it) fiddling the wholesale […]

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